Lightyear Capital-backed Wealth Enhancement Group says it is purchasing OneSource Retirement Advisors of Malvern, Pennsylvania, near Pittsburgh — a deal that could push WEG’s $9.3 billion of client assets up by about $275 million.
“OneSource’s holistic approach, which focuses on guiding clients through their pre- and post-retirement years by leveraging the combined expertise of a team that includes an in-house attorney, a CPA and certified financial planners, is a perfect fit with our client-service philosophy,” according to Jeff Dekko, CEO of Minneapolis-based Wealth Enhancement Group.
Earlier this year, WEG gobbled up Cimino Wealth Advisors of Clinton, Wisconsin, and Retirement Strategies of Jacksonville, Florida. Last year, it acquired CLA Financial Advisors of Chicago and CPA Retirement Planning of Jacksonville.